Tata Motors share price closed at ₹971.80, up 0.10% from the previous close of ₹970.85, outperforming the benchmark Sensex which ended the day flat. The stock traded in the range of ₹956-979 during the session.
Main Points
- 1 Tata Motors share price Live Tata Motors Share Price Today
- 2 Tata Motors Share Price Performance
- 3 Tata Motors share price Technical Analysis
- 4 Tata Motors share price Fundamental Analysis
- 5 Tata Motors share price Key Metrics
- 6 Quarterly Results Analysis
- 7 Tata Motors share price Market Outlook
- 8 Peer Comparison
- 9 Key Factors Affecting Stock Movement
- Open: ₹970
- High: ₹979
- Low: ₹956
- Close: ₹971.80
- Previous Close: ₹970.85
- Volume: 13,466,770 shares
- 1 Week: Down 1.68%
- 1 Month: Down 10.45%
- 3 Months: Up 1.04%
- 6 Months: Down 0.82%
From a technical standpoint, Tata Motors stock is trading below its 50-day moving average (DMA) and close to its 200-DMA. It needs to take out the 50-DMA levels and stay above it to make any further meaningful move. The stock recently broke out of a base in its weekly chart but failed to keep its momentum and is trading around -9% from the pivot point.
Tata Motors has an operating revenue of ₹443,739.69 Cr on a trailing 12-month basis. An annual revenue growth of 27% is outstanding, while the pre-tax margin of 6% is okay. The company has a debt to equity ratio of 73%, which is a bit higher.
- PE Ratio: 10.59
- EPS (TTM): ₹91.73
- Market Cap: ₹3,57,681 Cr
- PB Ratio: 3.74
- Dividend Yield: 0.62%
- Beta: 2.09
Quarterly Results Analysis
In the last quarter (Q1 FY2024), Tata Motors reported an income of ₹109,623 Cr and a profit of ₹5,566 Cr. The company witnessed a QoQ revenue decline of 9.74%, which is the lowest in the last 3 years.
Tata Motors stock has given a 3-year return of 213.08%, significantly outperforming the Nifty 100 which gave a return of 50.53%. In the last 19 years, only 2.44% of trading sessions saw intraday gains higher than 5%.
Peer Comparison
Some of Tata Motors’ close peers are Mahindra & Mahindra, Ashok Leyland, and Eicher Motors. Tata Motors has a market capitalization of ₹3,57,681 Cr, making it the third-largest player in the sector.
Key Factors Affecting Stock Movement
The stock’s movement today was likely influenced by the overall market sentiment, as well as company-specific factors such as its quarterly results and market share performance. Investors will also be closely watching the company’s future growth plans and its ability to navigate the challenges in the automotive sector
